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Highland Plaza 4515 Salem Ave 1,400 - 13,650 SF of Office/Retail Space Available in Trotwood, OH 45416
HIGHLIGHTS
- Nearby populated residential neighborhoods.
- Ample parking access and healthy traffic.
- Aggressive leasing rates.
- Resides in regional trade area including Home Depot, Kmart, Best Buy, and others.
- Tenants incl. Fifth Ave Men’s Wear, Metro PCS, Ivory’s Pizza and Subs, among others.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4515 | 8,750 SF | 1-10 Years | $11.16 CAD/SF/YR $0.93 CAD/SF/MO $97,664 CAD/YR $8,139 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4617 | 3,500 SF | 1-10 Years | $8.37 CAD/SF/YR $0.70 CAD/SF/MO $29,299 CAD/YR $2,442 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4621 | 1,400 SF | 1-10 Years | $13.95 CAD/SF/YR $1.16 CAD/SF/MO $19,533 CAD/YR $1,628 CAD/MO | Triple Net (NNN) |
4515 Salem Ave - 1st Floor - Ste 4515
- Lease rate does not include utilities, property expenses or building services
- Fits 22 - 70 People
4605-4633 Salem Ave - 1st Floor - Ste 4617
- Lease rate does not include utilities, property expenses or building services
- Fits 9 - 28 People
4605-4633 Salem Ave - 1st Floor - Ste 4621
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 13,650 SF | Frontage | 1,319’ on Salem Ave |
| Center Type | Community Center | Gross Leasable Area | 225,200 SF |
| Parking | 890 Spaces | Total Land Area | 22.47 AC |
| Center Properties | 3 | Year Built | 1960 |
| Total Space Available | 13,650 SF |
| Center Type | Community Center |
| Parking | 890 Spaces |
| Center Properties | 3 |
| Frontage | 1,319’ on Salem Ave |
| Gross Leasable Area | 225,200 SF |
| Total Land Area | 22.47 AC |
| Year Built | 1960 |
ABOUT THE PROPERTY
Nestled in the vibrant community of Trotwood, 4515 Salem Ave presents an enticing opportunity for businesses looking to thrive. Boasting a prime location with high visibility and convenient access, this commercial space offers versatility for various ventures, including retail, office, or service-based businesses. With ample parking and a spacious layout, this property is poised to accommodate your business needs and attract clientele.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
National Eagle LLC
Highland Plaza | 4515 Salem Ave
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